11 May 2022 By PAYCEC
Recurring billing is a payment strategy that allows business owners to charge their consumers for items or services at predetermined intervals (weekly, monthly, annually, or at custom intervals).
Any organization that provides services on a recurring basis can employ recurring billing.
A recurring credit card payment, also known as a Continuous Payment Authority (CPA), is an authorization given by the client to the merchant to accept payments by debit or credit card on a regular basis. These payments are still made unless the customers terminate the agreement.
A CPA allows a merchant to withdraw funds from a customer's account on specified dates and for varying amounts without requiring further authorization.
Continuous Payment Authorities can be created online, over the phone, or in person.
The customer provides their debit or credit card data to provide a merchant with Continuous Payment Authority on a card account.
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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.
Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.
PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.